US equity close: Sell now, wait for the news on auto tariffs later

The mix of cooling AI investment and a White House looming announcement (4 pm ET scheduled) of auto tariffs put the market in the mood to lower risk:

• S&P 500 -1.1%
• Nasdaq Comp -2.0%
• DJIA -0.3%
• Russell 2000 -1.8%
• Toronto TSX Comp -0.8%

This article was written by Adam Button at www.forexlive.com.